# iShares MSCI Japan EUR Hedged UCITS ETF (Acc) (IJPE)

**Page:** https://fundology.uk/fund/ijpe · ISIN IE00B42Z5J44

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, IJPE (iShares MSCI Japan EUR Hedged UCITS ETF (Acc), ISIN IE00B42Z5J44) closed at €137.62 on the London Stock Exchange. Its ongoing charge is 0.64% a year (about £64 on £10,000). Over the five years to 13/11/2026 its total return was +121.1%, or +72.5% after UK CPIH inflation.

## Summary

iShares MSCI Japan EUR Hedged UCITS ETF (Acc) is an exchange-traded fund (ETF) from iShares, launched in 2010. It tracks the MSCI Japan 100% Hedged to EUR Index — large and medium-sized Japanese companies. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.64% a year — about £64 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged to euros, not to the pound: it aims to remove most of the effect of exchange-rate moves against euros, so a holder who counts in pounds still has currency risk.

Latest close: **€137.62** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IJPE |
| ISIN | IE00B42Z5J44 |
| Also listed as | IBCG (Xetra, euros) |
| Category | Japan & Asia Pacific |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI Japan 100% Hedged to EUR Index |
| Income | Accumulating |
| Ongoing charge | 0.64% a year (£64 per £10,000) |
| Fund size | £884m |
| Launched | 2010 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/10/2010 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +13.34% | +9.32% | income reinvested |
| 3 years | +77.34% | +60.22% | income reinvested |
| 5 years | +121.06% | +72.55% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares MSCI Japan EUR Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund): 2022 −0.2%, 2023 +30.1%, 2024 +16.8%, 2025 +34.4%; 2026 to 13/11/2026 +11.0%. Returns of iShares MSCI Japan EUR Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +31.6%; to 30/09/2025: +28.4%; to 30/09/2024: +15.7%; to 30/09/2023: +28.0%; to 30/09/2022: −3.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -0.2% | -8.6% | Price |
| 2023 | +30.1% | +25.0% | Price |
| 2024 | +16.8% | +12.8% | Price |
| 2025 | +34.4% | +29.8% | Price |
| 2026 to 13/11/2026 | +11.0% | +7.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 20.08% | -12.50% |
| 3 years | 19.82% | -15.96% |
| 5 years | 18.51% | -15.96% |

## Largest fall

Volatility of iShares MSCI Japan EUR Hedged UCITS ETF (Acc) in pounds, annualised from weekly returns to 13/11/2026: 20.1% over 1 year, 19.8% over 3 years, 18.5% over 5 years. Largest fall in the price of iShares MSCI Japan EUR Hedged UCITS ETF (Acc) since November 2021, in pounds: −16.0% from 05/07/2024 to 02/08/2024. The lowest 12-month return of iShares MSCI Japan EUR Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund) since January 2021 was −10.4% (12 months to 04/04/2025); the highest was +61.7% (12 months to 03/04/2026). On 13/11/2026 the price of iShares MSCI Japan EUR Hedged UCITS ETF (Acc) was 9.1% below its highest weekly close since November 2021 (13/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares MSCI Japan EUR Hedged UCITS ETF (Acc) 0.64% a year. Compared on 14/11/2026, 1 of the 108 other Japan and Asia Pacific share funds charge more, 3 the same and 104 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.64%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, IJPE holds 167 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 4.50% of the fund; the ten largest make up 29.5%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Mitsubishi UFJ Financial Group | [8306](https://fundology.uk/stock/8306) | 4.50% |
| 2 | Toyota Motor | [7203](https://fundology.uk/stock/7203) | 4.14% |
| 3 | Sony Group | [6758](https://fundology.uk/stock/6758) | 3.15% |
| 4 | Recruit | [6098](https://fundology.uk/stock/6098) | 2.95% |
| 5 | Sumitomo Mitsui Financial Group | [8316](https://fundology.uk/stock/8316) | 2.86% |
| 6 | Advantest | [6857](https://fundology.uk/stock/6857) | 2.68% |
| 7 | Hitachi | [6501](https://fundology.uk/stock/6501) | 2.63% |
| 8 | Tokyo Electron | [8035](https://fundology.uk/stock/8035) | 2.40% |
| 9 | Mizuho Financial Group | [8411](https://fundology.uk/stock/8411) | 2.18% |
| 10 | Tokio Marine | [8766](https://fundology.uk/stock/8766) | 2.00% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Industrials | 23.6% |
| Financials | 18.9% |
| Consumer Discretionary | 16.4% |
| Information Technology | 15.2% |
| Communication Services | 6.4% |
| Health Care | 5.9% |
| Consumer Staples | 3.9% |
| Materials | 3.5% |
| Other sectors | 5.8% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 98.0% |
| Cash and money market | 1.5% |

All 171 holdings: https://fundology.uk/fund/ijpe/holdings

## Questions people ask

**What is the ongoing charge of IJPE?**

The ongoing charge of IJPE is 0.64% a year — about £64 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares MSCI Japan EUR Hedged UCITS ETF (Acc) 0.64% a year. Compared on 14/11/2026, 1 of the 108 other Japan and Asia Pacific share funds charge more, 3 the same and 104 less (share classes counted once).

**What does IJPE track?**

IJPE tracks the MSCI Japan 100% Hedged to EUR Index — large and medium-sized Japanese companies.

**Is IJPE accumulating or distributing?**

IJPE is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of IJPE?**

The ISIN of IJPE is IE00B42Z5J44. An ISIN identifies one exact share class of a fund; IJPE is its ticker on the London Stock Exchange. The same share class is also listed as IBCG (Xetra, euros).

**What does IJPE hold?**

As of 06/11/2026, IJPE holds 167 positions, according to its published holdings. The largest is Mitsubishi UFJ Financial Group at 4.50% of the fund; the ten largest make up 29.5%. Its ten largest holdings are Mitsubishi UFJ Financial Group (4.50%), Toyota Motor (4.14%), Sony Group (3.15%), Recruit (2.95%), Sumitomo Mitsui Financial Group (2.86%), Advantest (2.68%), Hitachi (2.63%), Tokyo Electron (2.40%), Mizuho Financial Group (2.18%) and Tokio Marine (2.00%).

**What were IJPE’s returns in each of the last five years?**

Calendar-year returns of IJPE in pounds (price, with income reinvested in the fund): 2022 −0.2%, 2023 +30.1%, 2024 +16.8%, 2025 +34.4%; 2026 to 13/11/2026 +11.0%. Past performance is not a guide to future returns.

**How has IJPE done after inflation?**

Over the five years to 13/11/2026 IJPE’s total return was +121.1%, or +72.5% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/251868/ishares-msci-japan-eur-hedged-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-msci-japan-eur-hedged-ucits-etf-acc-gb-ie00b42z5j44-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/ijpe-ishares-msci-japan-eur-hedged-ucits-etf-acc-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.